SUBSCRIBERS

China Vanke Q3 net profit jumps 22% as sales pick up

Published Tue, Oct 27, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Hong Kong

CHINA Vanke Co Ltd said on Tuesday its third-quarter net profit jumped 21.8 per cent as sales picked up, bolstered by government policies to rev up the key housing sector.

China's largest residential developer by sales on Tuesday reported a net profit for the July-to-September quarter of two billion yuan (S$439 million), up from 1.65 billion yuan a year earlier.

Share with us your feedback on BT's products and services